CLARON: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CLARON
Largest movements
- Tangible fixed assets -€3,410
down €3,410 (-2.9%), from €116,161 to €112,751
of which Land and buildings: -€4,223
- Reserves +€13,442
up €13,442 (+27.5%), from €48,796 to €62,238
- Debts after one year -€12,233
down €12,233 (-29.2%), from €41,885 to €29,652
- Trade debts -€2,293
down €2,293 (-40.5%), from €5,655 to €3,362
- Tax, wage and social debts -€2,217
down €2,217 (-88.6%), from €2,503 to €286
- Gross operating margin -€5,493
down €5,493 (-16.9%), from €32,521 to €27,028
- Taxes -€1,830
down €1,830 (-21.8%), from €8,382 to €6,552
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,819 | €124,660 | -€2,160 | -1.7% |
| Fixed assets | 21/28 | €116,161 | €112,751 | -€3,410 | -2.9% |
| Tangible fixed assets | 22/27 | €116,161 | €112,751 | -€3,410 | -2.9% |
| Land and buildings | 22 | €116,161 | €111,938 | -€4,223 | -3.6% |
| Plant, machinery and equipment | 23 | - | €813 | +€813 | |
| Current assets | 29/58 | €10,658 | €11,908 | +€1,250 | +11.7% |
| Stocks and contracts in progress | 3 | €759 | €644 | -€115 | -15.2% |
| Stocks | 30/36 | €759 | €644 | -€115 | -15.2% |
| Amounts receivable within one year | 40/41 | - | €948 | +€948 | |
| Other amounts receivable | 41 | - | €948 | +€948 | |
| Cash at bank and in hand | 54/58 | €9,024 | €8,430 | -€593 | -6.6% |
| Deferred charges and accrued income | 490/1 | €876 | €1,886 | +€1,011 | +115.4% |
| Total equity and liabilities | 10/49 | €126,819 | €124,660 | -€2,160 | -1.7% |
| Equity | 10/15 | €62,330 | €75,772 | +€13,442 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,796 | €62,238 | +€13,442 | +27.5% |
| Distributable reserves | 133 | €48,796 | €62,238 | +€13,442 | +27.5% |
| Profit (loss) carried forward | 14 | -€5,066 | -€5,066 | = | 0.0% |
| Amounts payable | 17/49 | €64,489 | €48,887 | -€15,602 | -24.2% |
| Amounts payable after more than one year | 17 | €41,885 | €29,652 | -€12,233 | -29.2% |
| Financial debts | 170/4 | €41,885 | €29,652 | -€12,233 | -29.2% |
| Amounts payable within one year | 42/48 | €22,365 | €19,064 | -€3,301 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €11,958 | €12,233 | +€276 | +2.3% |
| Trade debts | 44 | €5,655 | €3,362 | -€2,293 | -40.5% |
| Suppliers | 440/4 | €5,655 | €3,362 | -€2,293 | -40.5% |
| Taxes, remuneration and social security | 45 | €2,503 | €286 | -€2,217 | -88.6% |
| Taxes | 450/3 | €2,503 | €286 | -€2,217 | -88.6% |
| Other amounts payable | 47/48 | €2,250 | €3,183 | +€933 | +41.5% |
| Accrued charges and deferred income | 492/3 | €239 | €171 | -€68 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,223 | €4,260 | +€37 | +0.9% |
| Other operating charges | 640/8 | €823 | €1,013 | +€190 | +23.1% |
| Gross operating margin | 9900 | €32,521 | €27,028 | -€5,493 | -16.9% |
| Operating profit (loss) | 9901 | €27,475 | €21,755 | -€5,720 | -20.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,771 | €1,761 | -€11 | -0.6% |
| Recurring financial charges | 65 | €1,771 | €1,761 | -€11 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €25,703 | €19,994 | -€5,709 | -22.2% |
| Income taxes | 67/77 | €8,382 | €6,552 | -€1,830 | -21.8% |
| Profit (loss) for the period | 9904 | €17,321 | €13,442 | -€3,879 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,321 | €13,442 | -€3,879 | -22.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.